Kevin Kueneke | California Economics
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California Economics Tag

California home prices are the highest out of the 50 states in the U.S. as of 2017. This increase doesn't seem to be slowing down either. Although California's home prices may seem excessive to Americans, they aren't as steep when compared to those in other...

As of the third quarter of 2016, 29% of the average renter's monthly income is spent on rent (according to Zillow), while the average homeowner spends about 14% on mortgage payments. Even though homeowners have additional expenses like property taxes and home maintenance, monthly houing costs for homeowners are...